GIC Global Intertainment Corp., an online entertainment and marketing company, established a sudsidiary, Global-Broadcast.com, to attract Chinese users.
Global-Broadcast.com, which markets online sports books and casinos, lotteries, and e-commerce Web sites including www.cyberbetz.com, www.y2klottery.com, www.sportzpage.com, intends to offer dozens of live audio and video
informational and entertainment channels, covering everything from live
sporting events, horse racing, dog racing, entertainment and news, to
handicapping related programming.
GGNC plans to marry up Internet wagering
and Internet broadcasting with the launch of Global-Broadcast.com and to
simulcast major international sporting, entertainment and other events over
the Internet for viewing and wagering through this subsidiary.
“This new portal site when translated to Chinese and other Asian languages can become a popular destination Chinese and Asian Internet portal community site because there are many European and
North American sporting and entertainment events are not allowed to be broadcasted via television or satellite into Asia, especially into China,” said James Chu, President and CEO. “And
the Chinese Internet is currently the fastest growing cyber space community
and Internet economy in the world.”